Strategy Consulting for
Healthcare & Life Sciences
For two decades, Health Business Group has provided healthcare and life sciences clients with access to top consulting talent, without the big-firm bloat.
Experienced
Insightful
Practical
“We are passionate about helping our clients succeed”
Our Story
Health Business Group is a leading strategy consulting firm advising companies and investors in tech-enabled healthcare services, digital health, and life sciences.
Our client service professionals average more than 15 years of healthcare strategy consulting, industry and start-up experience.
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Our Services
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Growth Strategies
Growth strategy is our core offering. Typical engagements range from three to six months. We begin with an internal assessment to understand an organization’s history, ambitions, and capabilities and to develop hypotheses for external data gathering.
Due Diligence
Health Business Group helps to validate investment hypotheses and improve clarity about a company’s prospects through commercial due diligence. We interview the target’s customers and competitors, consult with regulatory experts and industry observers, analyze secondary data sources, and leverage our extensive internal knowledge base.
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Sectors
Tech-Enabled Healthcare Services
Our consulting teams combine a comprehensive, strategic understanding of the overall healthcare landscape with deep expertise in specific areas.
Life Sciences
We work with life sciences companies at every stage of development and commercialization. Engagements range from portfolio management to go-to-market strategy to M&A.
Digital Health & Health IT
Health Business Group has been at the forefront of these efforts, working with health IT and digital health companies and the federal government to improve quality, efficiency and service.
Private Equity/Investors
We work with investors to screen opportunities, prepare bids, and perform commercial due diligence. We support portfolio companies in developing and executing growth strategies
“Health Business Group has a tremendous depth of expertise in the health care technology sector. The principals are extremely action oriented and can quickly develop plans that are both easy to deploy as well as useful for gaining Board of Directors alignment on key strategic investment decisions. …Most importantly, the teams can identify highly industry specific challenges that would not be obvious from any research reports or discussions with industry participants who are maintaining the party line.”
—Mikael Totterman, Chairman, Cleriovision, Rochester, NY
What makes us different
There are many fine healthcare consulting firms equipped with bright staff members, robust consulting frameworks, and impressive client lists. We have all of that, but there are a few things that make us stand out.
Our team members have an average of 15 years of deep healthcare industry experience and extensive professional networks. These are the consultants who actually collect the data and perform the analysis, which is a major differentiator from the big firms that rely on junior staff to do the work.
Many of our clients are former partners at major consulting firms and they recognize the benefits of our model.
Our team structures are flexible and we can ramp up projects very quickly. We manage our capacity by maintaining a balanced portfolio of long-term retainer relationships, medium term strategy projects and quick turnaround due diligence work. This allows us to smooth out the peaks and valleys and still take on rush jobs when they come up.
Our most common team structure is three or four consultants devoting part-time to a specific engagement, but we have staffed projects ranging from one part-time person to seven nearly full time. When we need to tap specific expertise or capacity that we lack in house, we draw from our extensive networks of former colleagues and freelancers.
We place a major emphasis on primary data gathering, which we see as the key to differentiated insights. Our consultants use their connections and expertise to gain information from customers, peers of our clients and industry experts through remote and in-person interactions.
We use secondary sources and our proprietary databases to form hypotheses and generate a base of knowledge, but often obtain hard-to-find, and more nuanced information through direct discussions.